Inspire Goes Sonic and Dunkin’ Drops Donuts

10 Min Read By MRM Staff

This edition of MRM's News Bites features Inspire Brands and Sonic, Dunkin', Grubhub and Tagpingo., Taco Bell, Chipotle, Gather, Nacho Daddy and Modern Restaurant Management (MRM) magazine.

Send news items to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

 

Inspire To Acquire SonicInspire Brands, Inc. will acquire Sonic for $43.50 per share in cash in a transaction valued at approximately $2.3 billion including the assumption of Sonic’s net debt. Inspire's portfolio includes more than 4,700 Arby’s, Buffalo Wild Wings, and Rusty Taco locations worldwide. 

The company is majority-owned by affiliates of Roark and was founded in 2018. Since inception, affiliates of Roark have invested in 65 franchise/multi-unit brands, which collectively generate $32 billion in annual system revenues from 32,000 locations in 50 states and 81 countries.

Following the completion of the transaction, Sonic will be a privately-held subsidiary of Inspire and will…